FSV Technical Analysis - FIRSTSERVICE CORP

Technical Rating and Analysis

Taking everything into account, FSV scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, FSV is only an average performer.

The long and short term trends are both positive. This is looking good!

FSV is part of the Real Estate Management & Development industry. There are 29 other stocks in this industry. FSV outperforms 89% of them.

FSV is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month FSV has a been trading in the 271.21 - 290.34 range, which is quite wide. It is currently trading near the high of this range.

Prices have been consolidating recently, this may present a good entry opportunity.

When compared to the yearly performance of all other stocks, FSV outperforms 62% of them, which is more or less in line with the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

FIRSTSERVICE CORP / FSV Weekly stock chart

FIRSTSERVICE CORP / FSV Daily stock chart

Setup Rating and Analysis

Although FSV has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

235.29

285.95

When analyzing the support we can see 3 important areas.

A support zone ranging from 265.77 to 280.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 243.57 to 245.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @237.67 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for FSV.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for FSV.CA is up.
ChartMill Relative Strength	62.77	NEUTRAL	FSV.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of FSV.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of FSV.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of FSV.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)	60.77	NEUTRAL	The RSI value for FSV.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests FSV.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	78.14	NEUTRAL	The Stochastics value for FSV.CA is a neutral value.
Average True Range in percent/ATR (20)	1.43	LOW VOLATILITY	The low ATR as a percentage value for FSV.CA suggests low volalility.
Average Directional Index/ADX (14)	34.56	POSITIVE	The high ADX value value for FSV.CA suggests a strong trend.